Quiz
Module 2
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Questions in this quiz (20)
11) Which of the following is NOT a step in the data processing cycle?
- Aa) Data collection
- Bb) Data input
- Cc) Data storage
- Dd) Data processing
22) All of the information (name, GPA, major, etc.) about a particular student is stored in the same ______.
- Aa) File
- Bb) Record
- Cc) Attribute
- Dd) Field
33) Which of the following would contain the total value of all inventory owned by an organisation?
- Aa) Source document
- Bb) General ledger
- Cc) Cash budget
- Dd) Accounts payable
44) Which of the following is most likely to be a general ledger control account?
- Aa) Accounts receivable
- Bb) Petty cash
- Cc) Prepaid rent
- Dd) Retained earnings
55) Which of the following documents is most likely to be used in the expenditure cycle?
- Aa) Sales orders
- Bb) Credit memo
- Cc) Receiving report
- Dd) Job time card
66) Which of the following is LEAST likely to be specialised journal?
- Aa) Sales journal
- Bb) Cash receipts journal
- Cc) Prepaid insurance journal
- Dd) Cash payments journal
77) How does the chart of accounts list general ledger accounts?
- Aa) Alphabetical order
- Bb) Chronological order
- Cc) Size order
- Dd) The order in which they appear in financial statements
88) Which of the following is NOT an advantage of an ERP system?
- Aa) Better access control
- Bb) Standardisation of procedures and reports
- Cc) Improved monitoring capabilities
- Dd) Simplicity and reduced costs
99) Records of company data sent to an external party and then returned to a system as input are called _____.
- Aa) Turnaround documents
- Bb) Source data automation documents
- Cc) Source documents
- Dd) External input documents
1010) Recording and processing information about a transaction at the time it takes place is referred to as which of the following?
- Aa) Batch processing
- Bb) Online, real-time processing
- Cc) Captured transaction processing
- Dd) Chart of accounts processing
111) Which of the following is NOT one of the difficulties accountants have experienced using the traditional SDLC?
- Aa) AIS development projects are backlogged for years
- Bb) Changes are usually not possible after requirements have been frozen
- Cc) The AIS that is developed may not meet their needs
- Dd) All are difficulties with the SDLC
122) Companies that buy rather than develop an AIS must still go through the SDLC.
- Aa) True
- Bb) False
133) Which of the following statements is FALSE?
- Aa) As a general rule, companies should buy rather than develop software if they can find a package that meets their needs
- Bb) As an AIS increases in size and complexity, there is a greater likelihood that canned software can be found that meets user needs
- Cc) A company should not attempt to develop its own custom software unless experienced, in-house programming personnel are available and the job can be completed less expensively on the inside
- Dd) As a general rule, a company should develop custom software only when it will provide a significant competitive advantage
144) When a company is buying large and complex systems, vendors are invited to submit systems for consideration. What is such solicitation called?
- Aa) Request for quotation
- Bb) Request for system
- Cc) RFP
- Dd) Good-faith estimate
155) To compare system performance, a company can create a data processing task with input, processing and output jobs. This task is performed on the systems under the most efficient. What is this process called?
- Aa) Benchmarking
- Bb) Request costing
- Cc) Point scoring
- Dd) Performance testing
166) Which of the following statements is true?
- Aa) Because the AIS is so crucial, companies never outsource parts of the AIS
- Bb) Most mainframe outsourcing contracts are for two to three years and cost thousands of dollars a year
- Cc) Outsourcers often buy the client’s computers and hire all or most of its IS employees
- Dd) Only companies struggling to survive and wanting a quick infusion of cash from selling their hardware use outsourcing
177) Which of the following is NOT a benefit of outsourcing?
- Aa) It offers a great deal of flexibility because it is relatively easy to change outsourcers
- Bb) It can provide access to the expertise and special services provided by outsourcers
- Cc) It allows companies to move to a more sophisticated level of computing at a reasonable cost
- Dd) It is a cost-effective way to handle the peaks and valleys found in seasonal businesses
188) Which of the following is a true statement with respect to prototyping?
- Aa) In the early stages of prototyping, system controls and exception handling may be sacrificed in the interests of simplicity, flexibility and ease of use
- Bb) A prototype is a scaled-down, first-draft model that is quickly and inexpensively built and given to users to evaluate
- Cc) The first step in prototyping is to identify system requirements
- Dd) All the statements are true
199) Which of the following is NOT an advantage of prototyping?
- Aa) Better definition of user needs
- Bb) Adequately tested and documented systems
- Cc) Higher user involvement and satisfaction
- Dd) Faster development time
2010) When is it most appropriate to use prototyping?
- Aa) When there is little uncertainty about the AIS
- Bb) When it is clear what users’ needs are
- Cc) When the final AIS cannot be clearly visualised because the decision process is still unclear
- Dd) When there is a very low likelihood of failure
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- accounting Quiz on Module 2, created by Catherine Tumanguil on 02/11/2016.
- Author
- Catherine Tumanguil
- Language
- English
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